Thursday, March 19, 2015

Where new college money is going

A story from a friend who runs a restaurant supply/food service business that also designs and builds kitchens for chain restaurants and large institutions like hospitals and universities. Regarding the latter, he's observed that the three largest areas of new spending by colleges and universities are: 1) dining halls; 2) gyms; 3) dorms. The cost of college has skyrocketed, as this chart from page 76 of my school reform presentation (www.arightdenied.org/presentation-slides) shows – and this is where the money is going… How depressing…